Ben Parker

Dublin (IRL)
Role(s):
Other

Lonsdale Park

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Location: Dublin
Industry: Real Estate
Year Founded: 2011
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: Not Incorporated
Description: An exciting opportunity has appeared to acquire Lonsdale park fishing holiday complex. At the moment Lonsdale park offers self catering fishing holiday's on 30 acres of land in Cumwhinton, Carlisle. It has five lakes and 18 holiday lets, plus tackle shop and cafe. Although figures from the accounts show this business is profitable, the business could be a lot more profitable with the right development and expansion by an enthusiastic team. This business at the moment does benefit from a lot of repeat business each year but has not had any interest from the current owner due to other commitments. Our endeavour is to purchase this business freehold and expand its business in a variety of ways to massively improve revenue and also our customers holiday experience at Lonsdale Park. We are looking for a like minded investor to come on board to help turn this fantastic business, full of excitement and beauty into one of the UK's premier self catering holiday destinations. Business Opportunity: We are looking for an investment of £2,000,000 from either an individual or a group of investors for a total of 40% of the business. We expect to have paid back the initial investment over the first 5 years and during these 5 years the land and assets will secure the initial investment. After the first 5 years we offer exit on the valuation of the business and assets, or to stay on with at Lonsdale park with 40% equity. £1,300,000 will be used to acquire the property and business That is valued at £1.500,000, consisting of 30 acres of land with 3.5 acres of this that can be built on. The property also has 6 Lonsdale lake frontage cottages, 2 Log cabins and 10 Static caravans. This site also has a tackle shop and cafe. The remainder of the investment will go towards developing, expanding and marketing the business. Our plans for developing and expanding the business: Cafe renovation into Bar / restaurant £20,000 6 New Log cabins (Fully Fitted) £370,000 Updated fish stocks and lake renovation £70,000 Mobile Food & Beverage Carts £5,000 Marketing and promotional Budget £100,000 Onsite spa (Hot-tub, Sauna, Steam Room) £35,000 Working Capital for first year £100,000 All Investment will be secured via the property and all its holdings that should be valued at £2,200,000 once the developments have been made. We have forecast with our Net profit figures for year 5 that the value of the business would be £7,000,000 plus the value of the land and assets which would make this business worth £9,200,000 in year 5. This would give our investor on exit a 40% value on their share which would be £3,680,000. If our investor was looking to exit the business at this point their payout including initial investment would amount to £5,680,000. This is a great investment for someone who needs a secure investment that still gives a great return on their money within 5 years time.